Ruth Nyakotey - Waipa

UNITED NATIONSINDUSTRIAL DEVELOPMENT ORGANIZATIONResulting impacts of country focusstrategiesLackofregionalvisionandcommitment;Opportunitiesforsynergiesfromresources-natural,human,technologies,financialanotherassetslost;Policiesharmonizationhampered;Privatesectorpolicyadvocacyroleaffected;Lostopportunitiesforprivatesector;NegativecompetitionthroughincentiveReducing poverty through sustainable industrial growth6

UNITED NATIONSINDUSTRIAL DEVELOPMENT ORGANIZATIONAre the reforms sufficient? NewInvestmentPromotionAgencies; RestructuringofexistingIPAs; Reviewofmandates-fromregulationtofacilitation; Abolitionofinvestmentprojectsapproval; Introductionofsampleregistrationprocedures; EstablishmentofOneStopShop–enhancementofAftercareservicesdelivery; IntroductionofcommissioncourtsandAlternativeDisputeResolutionMechanism; NegotiationofBITandDTAs-Investmentsecurity; ReviewofincentiveframeworksReducing poverty through sustainable industrial growth7

UNITED NATIONSINDUSTRIAL DEVELOPMENT ORGANIZATIONThe missing link: Out of the BoxStrategies NoCompassforoutoftheboxstrategies; Interpretationofmandate; Omnibusorumbrellaprovisionsupportsoutofthestrategiesandpolicyadvocacy; “Todoallactsasmaybenecessaryorincidentaltopromotetheobjectsandpurposesofthislaw”Reducing poverty through sustainable industrial growth8

UNITED NATIONSINDUSTRIAL DEVELOPMENT ORGANIZATIONUNIDO INTERVENTION InvestmentProgrammeforinvestmentPromotionInAfrica(43AfrIPANetcountries-22ProgrammeCountries); SupporttoIPAstorespondtonewtrends; UnitingStakeholdersoncommonplatform; Dynamisminformulationanddesignofinvestmentpromotionpoliciesandstrategies; ContributionofInvestmentMonitoringPlatform; Supporttogetoutofthebox; Capacitybuildingcomponent;Reducing poverty through sustainable industrial growth10

UNITED NATIONSINDUSTRIAL DEVELOPMENT ORGANIZATIONRECs –Expected contributions▶PromotionofRegionalandIntra-RegionalTradeandInvestment;▶identificationofformsofinvestmentwithpositiveimpactontheregionandthecreationofmutuallybeneficiallinkagesbetweendomesticandforeigninvestorstopromoteindustrialintegrationandthedeepeningoftheregionalindustrialbase;▶formulationofevidence-basedpoliciestoeffectchangesintheregulatoryenvironmentoftheregionandtheassessmentoftheimpactofsuchpoliciesoninvestoractions;Reducing poverty through sustainable industrial growth12

UNITED NATIONSINDUSTRIAL DEVELOPMENT ORGANIZATIONRECs –Expected contributions (next)▶ Addressingintegrationchallenges;▶ improvementininvestmentgovernanceintheregionstoaddresstheperceptionproblem;▶ mountinginvestmentpromotioneventstoattractinvestmentintotheregionaleconomyincaseswherethecombinedmarketmaybeinadequatetosupportlargeinvestments;Reducing poverty through sustainable industrial growth13

UNITED NATIONSINDUSTRIAL DEVELOPMENT ORGANIZATIONRECs –Expected contributions (end) mobilizationofinvestmentfundsfromdevelopmentfinanceinstitutionstosupporttheinvestmentactivitieswithintheregion; harmonizationofinvestmentandindustrializationpolicies; designofeffectiveinvestmentpromotionstrategiesinfurtheranceofnationaldevelopmentobjectivessuchaspovertyalleviation,SMEpromotion,technologydiffusionandthecreationofbalanceddevelopment;andmarketaccessthroughremovaloftradebarriers; promotionofacommonsharedvision;Reducing poverty through sustainable industrial growth14

UNITED NATIONSINDUSTRIAL DEVELOPMENT ORGANIZATIONConclusion Emergingchallengescannotbeaddressedbytoday’smethodsandstrategies; FuturesuccessofIPAswillrestondifferentpillars-notvolumeofinvestment; Thepillarswillbedefineintermsofcontributiontodevelopmentgoals; ThisshouldaconstantgoalofIPAs; IPAsthatdaretokeepreachingbeyondtheconventionalboxesaremostlikelytosucceedReducing poverty through sustainable industrial growth15

UNITED NATIONSINDUSTRIAL DEVELOPMENT ORGANIZATIONReducing poverty through sustainable industrial growth16